As institutional investors across Asia Pacific scour the globe for yield and diversification, insurance-linked securities are moving into the mainstream, offering returns that are uncorrelated with the whims of the stock market.
Global investors brace for tougher private markets as Malaysia's KWAP scales its programme while US allocators warn future returns will demand stronger selection and authentic value creation.
From data centres and smart metering to semiconductor fabrication and green hydrogen, India's sovereign fund is targeting climate, digital and frontier technologies that will drive the next phase of economic transformation.
While some asset allocators are hesitant, life insurers, regional banks and corporate pensions are increasingly drawn to these vehicles for their blend of yield, periodic liquidity and scalable access to top-tier managers.
India's sovereign-backed fund has completed five major exits across renewable energy, healthcare and transportation, demonstrating its ability to build, scale and monetise infrastructure platforms.
Amid macroeconomic volatility and tariff fears, the asset class' insulation from inflation and political risk is proving a compelling draw for yield-hungry yet cautious pension funds and insurers.
With a unique governance structure balancing government backing and private sector discipline, NIIF has established itself as the gateway for international investment capital flowing into India's infrastructure and growth sectors.
Growing allocations to private credit are helping Asian insurers sustain product returns, but BOC Life warns that exit risks and the need for diversification remain underappreciated as inflows accelerate.
Operating across multiple regulatory jurisdictions require robust valuation frameworks and stress testing for private credit investments, said the life insurer’s head of investment strategy.
The Hong Kong-based single family office recently wound down its family office activities to focus on businesses it had spun out. Eric Wong, a third generation member of the family, shares the family's journey and reasons for this decision.